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My husband is Australian & has purchased properties since
Second Opinion] Hi, My husband is Australian & has purchased properties since 1994 to live in Australia. In 2004 he & I (NZer) purchased a property in QLD which we lived in over a few winter periods u… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
My husband is Australian & has purchased properties since
Hi, My husband is Australian & has purchased properties since 1994 to live in Australia. In 2004 he & I (NZer) purchased a property in QLD which we lived in over a few winter periods until my brother … read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
I am looking at moving to Australia, I have a property in nz
Hi I am looking at moving to Australia, I have a property in nz and the uk. If we sell the property in the uk once settled in Australia will I have to pay capital gains? … read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
My wife and I are both Australian born citizens (holding no
My wife and I are both Australian born citizens (holding no other) now continuous residents of New Zealand for about 46 years. In 1968 we purchased vacant residential land in Western Australia. We pur… read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
I am a non resident of austrlia, and i have an USD account
i am a non resident of austrlia, and i have an USD account (with a balance of $200,000) in austrlian bank. is this foreign currency account subect to Forex taxes?also I borrow the USD from a friend wh… read more
John Melis
John Melis
Lawyer
Bachelor's Degree
31,751 satisfied customers
A. I am an Australian citizen formally from NZ. I own a
I am an Australian citizen formally from NZ. I own a small NZ beach house purchased & built in about 1974. I want to sell the freehold property & bring the money back to Australia. The property would be worth approx NZ$250K. What will the ATO require from me & will there be any Aus tax implications. NZ has no current CGT laws I believe. I am 62 & retired.Thank you Gary … read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
I inherited my mother's half of a property upon her death in
I inherited my mother's half of a property upon her death in July 2009. My father passed away in October 2014. My brother, my sister, all trustees, have had conflicts concerning the sale of the proper… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
I bought a property in July 2003 with my ex-husband which we
I bought a property in July 2003 with my ex-husband which we lived in until July 2007 and then rented out after this time. This property remained our main residence as we rented elsewhere. In 2008 we … read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
A 15 yr old girl and her 17 yr old brother are NZ and Australian
A 15 yr old girl and her 17 yr old brother are NZ and Australian citizens living in Melbourne. They are beneficiaries under a NZ Family Trust. The Trust pays their school tuition fees. If they take th… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
My father passed away recently in New Zealand. Myself and 3
My father passed away recently in New Zealand. Myself and 3 brothers (4 siblings), who live in Australia, are supposed to inherit his house. I have read that there is no capital gains tax in NZ but CG… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
Hi Leon I gather your credentials cover Estate as well as
Hi Leon I gather your credentials cover Estate as well as Tax law so I have another question in relation to my mother's Estate. Her Will established Testimentary Trusts for both my sister and myself. … read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
1. My father established what I believe is a discretionary
1. My father established what I believe is a discretionary family trust in 1984, with himself and mother as trustees and himself mother and my two brothers and sister as beneficiaries. Income generati… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
Hello, I have a CGTax issue from 2003. I bought a 40 acre property
Hello, I have a CGTax issue from 2003. I bought a 40 acre property with a house on in in 1995/6. I rented it out until August 1998 when I notified the tenants that I wished to move in to live there my… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
my partner owns a house in Australia (currently being rented)
my partner owns a house in Australia (currently being rented) and now intends to sell it. he is currently resident in the UK, holds a UK passport, as well as an Australian passport. He is currently in… read more
Brisbane-Lawyer
Brisbane-Lawyer
Lawyer & Solicitor
Master
14,357 satisfied customers
I am trustee of a rental property for my mother, but the income
I am trustee of a rental property for my mother, but the income of the property goes into my mother's bank account. Do I have to pay income tax?… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
An unmarried couple live in her house in England for a couple
An unmarried couple live in her house in England for a couple of years and have a child. During this time they buy a residential property in Australia and rent it out. They never live together in Aust… read more
Brisbane-Lawyer
Brisbane-Lawyer
Lawyer & Solicitor
Master
14,357 satisfied customers
My father died in 1991. I and my 4 siblings each received 10%
My father died in 1991. I and my 4 siblings each received 10% of the value of the estate (made up entirely of Australian shares. The other 50% remained to support my father's second wife till her deat… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers
I am one of eight beneficiaries of my late mothers estate.
I am one of eight beneficiaries of my late mother's estate. We are currently in the process of selling her investment property through a trust that has been set up for her assets. My mother was on a p… read more
Leon
Leon
Solicitor
Master's Degree
52,685 satisfied customers

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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